Document Type
Article
Publication Date
1972
Abstract
Examines the models of commercial fishing. Representation of the variable K as a measure of crowding externality in the cost function; Change of the degree of fishing pressure without changing the variable K; Modification of the output of firms by varying the inputs.
Recommended Citation
Smith, Vernon L. “On Models of Commercial Fishing: The Traditional Literature Needs No Defenders.” Journal of Political Economy, 80.4 (1972): 776-778.
Peer Reviewed
1
Copyright
University of Chicago
Comments
This article was originally published in Journal of Political Economy, volume 80, issue 4, in 1972.